October 2015 Canadian RBC manufacturing PMI 48.0 vs 48.6 prior

Highlights of the October 2015 Canadian RBC manufacturing PMI data report 2 November 2015

  • Last month was the lowest on record
  • Now this month is the lowest on record
  • Output 46.0 vs 48.5 prior
  • New orders rose this month
  • Input cost also rose

Not good reading for the Canadians

USDCAD rose around 8 pips

A lack of spending in the resource sector, particularly gas and oil, as well as global weakness has been blamed for the further loss

Canadian manufacturing PMI

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